The Business of VWAP
Three shorts between 3:00 and 3:06 PM ET on a day ES fell 335 points from the open: two ES scalps on the PA account that took 2.25 and 0.75 points, and one NQ short on the new eval pair that took 38 points in three minutes. Four for four, net +$1,801.40, under four minutes…
One ES short faded a 20-point rally and got stopped 43 minutes later, two points under the high. The next trade bought the pullback, sold a lot on the exact high of the night, flipped short at the bottom of a 49-minute chop and covered into the break. Four quick NQ shorts, two on the…
Two hours after the session closed out green, one more ES trade: a long that lasted three minutes and lost 2.25 points, flipped short on the same fill, scaled to three lots per account and covered within a point and a half of the low. Net +$1,475.20 on the pair.
Four straight losers in the first 23 minutes, three of them longs bought at the top of two-minute bounces after both markets had already topped, then one 2-lot NQ short that carried 30 points of heat, added near the top and held 36 minutes to turn the night green. Net +$732.80 on ten trades.
Sunday reopen, fifty minutes of work. ES climbed 21 points from the bell; the one short against it cost 5 points, a 2-lot ES long that added into the heat paid for the night, and three quick scalps closed it out. Net +$1,751.60 on ten trades.
A bad start on the funded pair, buying into a falling market twice in ten minutes for minus $2,100, and a strong finish on the other pair that bought the bounce after the flush. Net +$124.60 on twelve trades, with commissions taking nearly half of gross.
One NQ long on the active accounts, bought on the pullback after a confirmed turn, sold into the push three minutes later for 25 points and $988.80. No adds, no flip. That’s the template.
A rough first hour of forced longs, then ten clean scalps in a row to get back to green. Net +$252.30 on fifteen trades, with commissions eating 17% of gross. The damage came from re-buying a long that had already failed twice.
Longs into the Sunday open, shorts as it rolled over, four winners, net +$3,889.00. Three of them were textbook with near-zero heat. The fourth sat through about $5,000 of open drawdown and only finished green because of the add. Time for a hard rule.
A single ES long bought within four points of the session low, inside the 0DTE put-wall zone after the flush. 96% capture on 1.25 points of heat, net +$618.80, and the end of a strong week: five Globex sessions, 25 wins, 3 losses, +$7,776.28.